According to The Kobeissi Letter, current market conditions do not indicate a significant risk of World War 3, as the S&P 500 index is trading just 2% below its all-time high. The Kobeissi Letter notes that, historically, major geopolitical risks would result in a 30% market drop, gold prices above $5,000 per ounce, and oil surging past $100 per barrel. This stable environment suggests sustained investor confidence and minimal flight to safe-haven assets, providing traders with clear signals to focus on equity and crypto market momentum rather than hedging for extreme geopolitical events (source: The Kobeissi Letter, Twitter, June 16, 2025).